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RBC Capital Cuts Price Target on Natural Grocers (NGVC) Following 4Q Miss

Go back to RBC Capital Cuts Price Target on Natural Grocers (NGVC) Following 4Q Miss

Natural Grocers (NGVC) PT Trimmed to $14 at Jefferies

November 18, 2016 7:49 AM EST

Jefferies analyst Christopher Mandeville trimmed his price target on Natural Grocers (NYSE: NGVC) to $14.00 (from $15.00) but maintained a Buy rating following Q4 results that missed although guidance looks 'manageable'.

Mandeville commented, "4Q16 EBITDA/EPS was modestly weak on better comps but elevated expenses.... More

Natural Grocers (NGVC) Misses Q4 EPS by 1c, Guides FY17 EPS In-Line

November 17, 2016 4:28 PM EST

Natural Grocers (NYSE: NGVC) reported Q4 EPS of $0.07, $0.01 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $181 million versus the consensus estimate of $184.32 million.

GUIDANCE:

Natural Grocers sees FY2017 EPS of $0.50-$0.58, versus the consensus of... More

Trading Radar for 11/17: Wal-mart (WMT), Staples (SPLS), salesforce.com (CRM), JA Solar (JASO), Marvell (MRVL) Report

November 16, 2016 1:58 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

CPI - Street sees 0.4%Core CPI - Street sees 0.2%Housing Starts - Street sees 1.178MBuilding Permits - Street sees 1.200MInitial Claims - Street sees 257kContinuing Claims - no Street consensusPhiladelphia Fed - Street sees... More